Note B Holder definition

Note B Holder means with regards to any B Note, the Initial Note Holder or any subsequent holder of such B Note, as applicable.

Note B Holder means, individually or collectively as the context may require, the Note B-1 Holder, the Note B-2 Holder and the Note B-3 Holder.

Note B Holder shall have the meaning assigned to such term in the recitals, and any successor in interest, or any subsequent holder of the Note B.

Examples of Note B Holder in a sentence

• The Note B Holder represents and warrants that it is duly organized, validly existing, in good standing and possesses of all licenses and authorizations necessary to carry on its business.

• This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and assigns; provided, that no successors or assigns of any Initial Note A Holder or Initial Note B Holder shall have any liability for a breach of representation or warranty set forth in this Agreement.

• The right of a Note B Holder to exercise its purchase option hereunder shall automatically terminate upon the Purchase Right Cut-Off Date, subject to the possibility that such right will be reinstated if a Triggering Event of Default subsequently occurs.

• Notwithstanding anything to the contrary contained in this Section, during the period in which any portion of the Mortgage Loan is subject to purchase by Note B Holder pursuant to this Section, the Mortgage Loan shall continue to be serviced by the applicable Servicer in accordance with Accepted Servicing Practices.

• The Note B Holder assumes all risk of loss in connection with its Note except as specifically set forth herein.

More Definitions of Note B Holder

Note B Holder shall have the meaning assigned to such term in the preamble.

Note B Holder shall have the meaning assigned to such term in the introductory paragraph hereof.

Note B Holder means, individually or collectively as the context may require, the Note B-1 Holder, the Note B-2 Holder, the Note B-3 Holder and the Note B-4 Holder. Co-Lender Agreement (Cambridge Crossing – 350 and 000 Xxxxx Xxxxxx)

Note B Holder or “Note-B Holders” means the Initial Note-B Holder and any subsequent holder of any of the B-Notes.

Note B Holder means with respect to (i) Note B-1-EMP and Note B-1-SFC, the Initial Note B-1 Holder and (ii) Note B-2-EMP and Note B-2-SFC, the Initial Note B-2 Holder, or any subsequent holder of such Note.

Note B Holder means the Initial Note B Holder or any subsequent holder of Note B, together with its successors and assigns. “Note B Percentage Interest” shall mean a fraction, expressed as a percentage, the numerator of which is the Note B Principal Balance and the denominator of which is the sum of the Note A-1 Principal Balance, the Note A-2 Principal Balance, the Note A-3 Principal Balance, the Note A-4 Principal Balance, the Note A-5 Principal Balance, the Note A-6 Principal Balance, the Note A-7 Principal Balance, the Note A-8 Principal Balance and the Note B Principal Balance.

Note B Holder. Any holder of a Note B related to an A/B Whole Loan.